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Which cooling measures are likely to be eased first?

Analysts and market watchers believe that property cooling measures are likely to be eased soon, on back of deteriorating economic conditions and the steady drop in home prices.

According to Maybank Kim Eng, the policies which are most likely to be eased in the near future are the Additional Buyers Stamp Duty (ABSD), loan-to-value ratio (LTV), and the Sellers Stamp Duty (SSD).

Maybank Kim Eng expects current ABSD rates for second/third home buyers among citizens and PRs to be lowered across the board. The hefty 15% ABSD imposed on foreign home buyers could also be reviewed as Singapore turns to foreign capital to soak up its market surplus.